Really Bad Credit Loans

Instant Decision 3 to 60 Month Loans

£100 – £5,000 paid out by 22:10 Today

100% No obligation Loan Quotes

We don’t charge you any fees

Money deposited in 15 minutes 

We don’t perform a credit check*

What are really bad credit loans?

Really bad credit loans are normal loans that are applied for and granted in the same way as normal short-term loans. It is not that really bad credit loans are anything special or different from regular payday loans other than that when performing a Google search for a payday loan some people will type into their browsers the term “really bad credit loans”.

Lenders who deal with applications from people who request bad credit loans are the same lenders who will provide payday and short-term loans. The only difference is when people might be worried that due to having poor credit, they believe that there are specialised lenders that deal with really bad credit loans.

If you have bad credit and are worried that you might be refused a loan do not worry. When you complete and submit the loan application form Cashute systems will connect it to a panel of lenders who will assess your request for a loan and determine if they are the most suitable lenders to offer you a loan.

I need a loan with no Credit Check

There are many short-term loans that are advertised as “no credit check”. This means when you apply for a loan via Cashute for example we will not perform a credit check. Although the direct lenders will perform a soft credit check that they use to get a sense of the sort of financial history you have. This soft credit search does not leave any footprint that is visible to any other lender performing a soft or hard credit check.

Ultimately this means you can apply for many loans in a short space of time without it impacting on your credit score.

The once you accept a loan offer then the lender is obliged by rules set out by The Financial Conduct Authority which regulates financial firms in the UK to perform a hard credit check. It is advisable not to apply for and accept multiple credit facilities in a short time frame. Normally financial experts say no more than once every few months.

Apply For Your Loan Here

Applying is Free and No-Obligation

Let Cashute do all the hard work for you

When you need access to cash fast the last thing you want to be doing is spending hours filling application forms looking for the best bad credit loans. All you really want to do is fill in one form and be done with it and have the money in your bank account fast.

Our application form is designed so that it can be completed quickly and when you click submit we will connect your loan application to a panel of suitable payday lenders who will apply their own proprietary formulas to your current circumstances and see if they are able to offer you a loan. If you accept a loan offer you could have the cash fast in your bank account within 15 minutes†.

Annual interest rate of 292% (Fixed)

For example:

£200 borrowed for 35 days

Annual interest rate of 292% (Fixed)

Total amount payable is £256

1212% APR Representative

Which are the Best Really Bad Credit Loans?

There are many variables when determining which really bad credit loan is best for any individual. It all depends on your individual circumstances. Each lender is different as each lender has different criteria. Some will consider applications from people with poor credit scores whereas some may not accept an application for a loan amount less than an amount or more than a specific amount. When you apply, your application is automatically assessed by a panel of lenders that are specialised in short-term loans for bad credit, these lenders handle many thousands of applications per day from individuals with a wide range of credit scores from good to bad to very poor.

How can I apply for really bad credit loan?

The whole application process is performed on-line. When you apply through Cashute there are no forms which you need to send us or the lender. Although a lender may before they grant you a loan require further information if they need to conduct affordability checks to be sure that you are not going to get you into financial problems should you be requesting to borrow a large amount of money.

You can apply for your loan either via your P.C, Tablet or smart phone in minutes. Our application process has been made to be as straight forward as possible which is what you need when facing a financial emergency.

When filling in the application form please ensure that you complete all the fields correctly since any mistakes will lead to delays or rejection of your loan application.

Remember that all loan applications made through Cashute are no-obligation and completely free to apply. If you are approved, you could have the money in your bank account fast, which is what you want when you need cash now.

What do I need to apply?

Applying for a loan is straightforward and is all online.

Before you start your application have this ready

Details of your regular monthly income and outgoings

Mobile phone number

Valid email address

Home address for the last three years

Your Bank account

Your Debit card information

Woman Applying for short term loan

Fast, Free & Easy No-Obligation Application Process


Choose Loan Amount & Term

Simply chose how much you wish to borrow and over how many months you wish to repay the loan


Fill in the Application form

Fill in our simple application form which takes only a few minutes and then apply for your loan


Receive Your Cash

We send your application to our panel of lenders, once approved you will receive the funds directly to your bank account

Why choose Cashute

Authorised by the Financial Conduct Authority

Fast Online Application

No Payout Fees

No obligation quote

No paperwork

100% UK Based

Very High Acceptance Rates

No Hidden Costs

Are really bad credit loans expensive?

Payday loans have received a lot of media publicity for being an expensive way to borrow money. This used to be the case until the Financial Conduct Authority stepped to place caps on the fees and interest which a lender could charge a borrower.

Lenders may not charge more than 0.8% interest per day on a short-term loan and a borrower will never have to repay more than double the initial loan amount. For example, if you borrow a £200 loan you will not pay back more than £400 including fees. This is true for really bad credit loans or just payday loans.

Borrow the minimum amount

Before you take out a really bad credit loan you will need to consider how much you really need to borrow. Only borrow the exact amount which you need to solve what ever financial issue is pressing you to borrow money.

Do not be tempted to borrow more than you need as your repayments will be a little bit more expensive each month than they need to be. So, work out how much you can comfortably afford to repay each month without causing yourself hardship.

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Over 50 Lenders

No paperwork

Flexible repayment

Instant decision

No Credit Foot Print

Fast Deposits

Applying for short term loan on mobile

Repay the loan on time

When you get the loan offer it ought to state the loan amount, interest rate, how much you are expected to repay each month and the loan term. It is important to have the necessary funds in your account on the day which payments are due, or you might incur late payment fees. Ensure that you read all the loan terms and conditions, if you have any questions or issues with the loan offer contact the lender directly.

Also, when you make all your payments on time and repay in full it will be reflected on your credit score. Better credit score makes it much easier for you to borrow in the future and at lower interest rates as lenders will reward you for being financially responsible and they will see doing business with you as less risky. If you have really bad credit, then taking out loans and paying them back in a timely fashion will improve your credit score.

Do Really Bad Credit Loan Require a Credit Check?

Yes, is the simple answer. Any time you take out a loan regardless of the type of loan it is, mortgage, car loan, personal loan a credit check is performed. This is a requirement laid down by the FCA. There are some loans out there which are advertised as “no credit check” means that when you apply for a loan there is no initial credit check that will leave a footprint.

Instead a lender will perform a soft credit check that leaves no footprint on your credit report. The hard credit check will occur when you accept a loan offer from a lender. It is advisable that you do not apply for too many loans in a short space of time or lenders when looking at your credit report might feel that you are too dependent on loans, and they might turn down your loan application.

How do I apply for the best payday loan?

To apply a loan is simple. Provided you meet the criteria listed below you can start your application process:

  • 18 years old
  • UK resident
  • Hold a UK bank account
  • Employed with a regular salary (so you can repay the money that you borrow).
  • Bank details to hand

Once completed submit the application form by clicking on the “Apply” button and we’ll find the best match for you. The search will not take long and you’ll have a response in minutes.

When you receive the loan proposal can decide if you wish to proceed with the offer. If you do want to proceed with the loan just apply and the funds will be deposited into your bank account within hours, always remember that you can apply with no obligation even if you have bad credit as many direct lenders support payday loans bad credit.

I am finding handing my debts difficult, what should I do?

If you find yourself in difficulties and are unable to make your repayments, we strongly advise that you contact your creditor immediately, we also recommend that you speak to the companies listed below.

Warning: Late repayment can cause you serious money problems. For help, go to